Another drop today27 Nov 2019 16:40
I was reading back a year ago on this board ...people buying in at .30 ish... spouting what a great ârecovery playâ this was and how awful the likes of me, Diamond and others were for pointing out the blatantly obvious. I wonder were Bradley âboo booâ bear and other rampers (tho in fairness to him I think he was just utterly taken in) are now?!?
The cash will be running out here soon....so then what? Some say it might be bought out on the cheap.... personally I still think they will have another go at fleecing the uninitiated / too dim to do proper research. .... therefore a massive share consolidation. 200 for 1 (??) .... and then a fund raise at the âhigherâ share price. Existing shareholders = wipeout.
Some of course may think at this lowly price this is worth a gamble but I would still not touch it.... somebody very very lucky might make a quick buck ...but in my humble opinion ...anything more than beer money is a risk too far in this misadventure designed to prop up Breith and his cronies and feed his wifeâs âorses for another year.
Time will tell. In the meantime, I would appreciate a laugh if someone cares to spout again how wrong I â we were and will be!!
Miss G
IMHO. DYOR. YWWAA.
;-)